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1 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation Techniques”
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2 Everybody’s Talking About “Innovation”!
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3 Innovation?!
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4 Confused??!!
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6 Innovation Out Of Control!
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7 Why Study Innovation??!!
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Change
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9 Competition
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?? Revenue (Millions) Innovation and Top-Line Growth Today Anticipated 5-Year Growth Target Base Revenue Market Expansion M & A New Products In Pipeline Growth Gap
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“Innovate, Or Die!!”
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Values of Innovation 12 Teaching Innovation (Helicopter View)
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13 1. What ShouldWeInnovate?
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EVERYTHING Is Open To Innovation!! Products, Services, Ideas, Processes, Environments
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15 Make Version 2.0
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2. Encourage True Diversity
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17 Creative Friction Celebrate & Learn From Diversity
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3. Get Intimate With Customers
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20 The Walker Project Use Empathic Study!
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21 4. Think Visually – Culture of Prototyping
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22 Mindmapping
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23 Paper Prototypes
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25 5. Temporarily Remove Traditional Tools
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6. Study Failure 26
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7. Set Impossible Objectives Together!
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Too many people…
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31 Non-CommittalLove!!!Retch!!! Urge Polarizing Decisions
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32 9. Push For Quantity, THEN Quality
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33 10. Teach Innovation Courage
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Differentiation And Innovation Are Now Essential 35
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37 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation Techniques”
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